Rolls Royce Holdings PLC (RLLCF)

[ErnieBilco]

Corporate Action Terms ROLLS-ROYCE HLDGS ORDFCORP ACT EXP: 05/31/24

Since you hold XXXXX share(s) of ROLLS-ROYCE HLDGS ORDF in your account, you may choose how your holdings will be treated for this Corporate Action. We must receive your response by May 28, 2024, 7:00 p.m. ET.You hold 65000 share(s) in this account.

What Has Occurred

We are writing to let you know about a corporate action event that you can participate in.



Offer details:

·Holders of the Rolls Royce C shares are being given the opportunity to redeem their C shares for cash. Those holders would receive 0.001 British Pounds (GBP) for each C share surrendered (approximately $0.0013 USD, based on the currency exchange rate as of May 3, 2024).

·Holders can elect to redeem the C shares and reinvest the proceeds to purchase additional Rolls Royce ordinary shares. Please note holders who elect this option will accrue costs of 0.50% Stamp Duty and 0.20% Commissions, which will be deducted automatically. These are not Schwab costs/fees.

·Holders who wish to retain their C shares do not need to take any action.

·Fractional shares will not be issued. Holders who choose to redeem or reinvest will not receive an allocation of fractional shares.


What this means for your account and your C shares:



·Redeem: Submit all or a portion of your C shares for cash.

·Redeem and Reinvest: Redeem all or a portion of your C shares and use the proceeds to purchase additional Rolls Royce Holdings ordinary shares.

·Decline/Take No Action: If you do not wish to participate in the offer, no further action is required, and you will retain your C shares.


How to participate in the offer:



1.The offering material contains important detailed information that must be read in its entirety before any decision is made with respect to this offer.

2.If you have any questions concerning the terms of the offer, or for a copy of the offering

materials, please contact Equiniti Limited (the Registrar) by phone at [phone] (international call).

3.Follow the steps below to provide your instructions to Schwab.



Additional information:

·The currency exchange rate as of May 3, 2024 was 1.00 GBP = $1.26 USD.

·Once you have given instructions to Schwab, they cannot be changed or withdrawn.

·Participation in the offer may be subject to local tax withholding, if applicable.


Submit Instruction To Schwab
It is your responsibility to ensure you submit instructions by MAY 28, 2024,07:00 P.M. EST .